![]() If the employee remains unemployed for more than one month Ifestablishment / factory is closed/locked downĮmployee receives no compensation or has not got wages for two months or more. Employees’ share is more than Rs 25,000/-ĩ0% of PF accumulation (both shares) or cost payable, whichever is less. Member of a registered Cooperative Society. Total balance in PF account office member or cost of acquisition, whichever is less. employees’ share is more than Rs 20,000/. Purchase of House/flat, including acquisition of land.įive years membership of the Fund. Thirty six months wages & DA or total balance in PF account (employees’ + employer share) or total outstanding loan & interest thereon, whichever is less ![]() employees’ share in PF account should be more than Rs 1,000/. Loan should have been taken from notified agencies. ![]() Twenty four months wages & DA or total balance in PF account(Employees’ +Employer) or total cost, whichever is less.Īfter five years another part withdrawal equal to 12 months wages & DA or employees’ share for addition/alteration.Īfter ten years from the original sanction, another part withdrawal equal to 12 months wages & DA or employees’ share for addition/alteration. Purchaseof House/flat, including acquisition of land. Financing of Member’s Life Insurance PoliciesĮmployees’ share should have sufficient balance to pay the premium.
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